Adam  Smith (1723-1790)

                                         亞當斯密

God helps those who work hard

     Biograph                                                                       生平

      - Regarded as the founding father of Economics.   - 被公應為經濟學之父

      - Born in Scotland.                                                      - 生於蘇格蘭

      - Graduated from Glasgow University at 17.         - 十七歲畢業於格拉斯哥大學

      - Lectured at Glasgow University in Logic.             - 於格拉斯哥大學教授邏輯

      - After 10 years at Glasgow, he went travelling.    - 十年後四出旅遊

      - Met influential thinkers of the day.                         - 與當代有份量的思想家討論

      -   Returned to Scotland and started writing.            - 返回蘇格蘭後開始著作

      Important Work                                                               重要作品

      -Main work was ' The Wealth of Nation'.                      - 重要作品乃國富論

         *Written in five books and published in 1776.             *於一七七六年完成五冊

         *Stressed benefits and needs of division of labour.     *強調分工的需要及利益

         *Outlined working of the market mechanism.              *列出市場機制之運作

      -Developed the concept of 'Invisible hand'.                     - 發展無形之手的概念

         *Market guides economic activities to                            *市場指導資源分配

          allocate resource.

         *Price is the main means to achieve the purpose.          *價格乃協助資源分配之工具

       Theories we have to study                                                 我們須學習之理論

       - Price (Market) mechanism   (S4. S6)                              - 價格(市場)機制(中四,中六)

       - Division of labour (S4)                                                    - 分工 (中四)

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